Ontario · Receivership (court-appointed)
Statement of Law dated July 24, 2024
Application / notice of application · 24 July 2024
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What we verified from this filing5 verified
- courtSUPERIOR COURT OF JUSTICE
- court file noCV-24-00003312-0000
- provinceONTARIO
- secured creditorsnote: Aggregate demanded indebtedness under Credit Agreements (Master Equipment Lease Agreement, Conditional Sales Contract, and Commitment Letters); Debtors are cross-guarantors of each other's obligations · page: 7 · as of: 2024-06-28 · amount: 34120086.38 · debtor: Trans Globe Logistics Inc., Polestar Holdings Ltd., and Compass Rose International Transportation Inc. · creditor: Royal Bank of Canada · currency: CAD · security: General Security Agreements (each a GSA) dated October 26, 2023 over all present and after-acquired property of each Debtor
- counselBorden Ladner Gervais LLP